[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion]Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao
The Imeli Monsoon Power Project, invested by Sichuan Energy International Investment Co., Ltd., held its groundbreaking ceremony on September 7th in Tbilisi, the capital of Georgia, marking the official start of the first new energy project invested by a Chinese enterprise in Georgia.Editor/Cheng Liting
At 12:50 on September 6, 2026, the cold functional test (cold test) of Unit 4 of Huaneng Hainan Changjiang Nuclear Power Phase II Project was concluded. During the testing process, the pressure boundary of the unit was complete and reliable, the system sealing was excellent, and all test parameters met the standard. The successful cold test marked the official entry of Unit 4 into the commissioning stage, laying a solid core foundation for the subsequent high-quality production and power generation of the unit.Editor/Cheng Liting